Top News
46-Story Mixed-Use Complex Coming to Downtown St. Petersburg, Fla.
Tampa Bay Business Journal Red Apple Group is developing a 46-story mixed-use project in downtown St. Petersburg, Fla. The two-building complex, dubbed 400 Central, is being built atop a parking garage and will consist of 300 luxury condominium units, 40,000...
Ground Breaks on 200,000-SF Warehouse in Jupiter, Fla.
South Florida Business Journal CIBC Bank USA has provided $15.38 million of construction financing for the development of a 200,000-square-foot warehouse in Jupiter, Fla. TPA Group recently broke ground on the industrial project, at 15601 Park of Commerce Blvd. in...
McKinley Mall in Buffalo, N.Y., Comes to Sales Block
McKinley Mall, an 846,847-square-foot enclosed shopping mall in Buffalo, N.Y., is being offered for sale by Rialto Capital Advisors, which is managing a $32.6 million mortgage against it. Three of the property's four anchor spaces are vacant.
Louisville, Ky., Apartments Sell for $21Mln
Louisville Business First Buckingham Cos. has paid $21 million, or $121,387/unit, for 310 at NuLu, a 173-unit apartment complex in Louisville, Ky. The Indianapolis investor acquired the property from Pithos LLC, which had paid $23 million for it in 2017....
Starwood Funds $155Mln Loan for Construction of Queens, N.Y., Warehouse
Starwood Property Trust has provided $155 million of financing for the construction of 23-30 Borden Ave., an 842,175-square-foot industrial property in the Long Island City section of Queens, N.Y. The property, on the site of a former warehouse for an...
$265Mln Mixed-Use Development Planned Near Dayton, Ohio
Dayton.com Borror and Dillin LLC are planning to build a $265 million mixed-use development in Springboro, Ohio, about 14 miles south of Dayton, Ohio. Borror, of Columbus, Ohio, and Dillin LLC, of Springboro, have submitted an application to rezone...
Mac Chandler Named Chief Executive, President of PS Business Parks
PS Business Parks Inc. has named Mac Chandler chief executive and president, effective April 5. Chandler is replacing John Peterson, the company's chief investment officer who was named chief executive and president on an interim basis last April, when Maria...
Apartment Development Breaks Ground in Goodyear, Ariz.
AZ Big Media Jackson Dearborn Partners and Sub4 Development have broken ground on Solace at Ballpark Village, a 211-unit apartment property in Goodyear, Ariz. Black Bear Capital Partners secured construction financing for the project from Benefit Street Partners. Terms...
Footwear Company Sued Over Unpaid Rent at Manhattan’s Trump Tower
Crain's New York Business The Trump Organization has sued footwear company Marc Fisher for unpaid rent at the Trump Tower mixed-use building in Manhattan. The suit, filed in New York State Supreme Court in Manhattan, alleges that Fisher owes...
Developer Plans 121-Unit Residential Condo Property in Manhattan
Crain's New York Business B&F Management has filed plans for a 121-unit residential condominium project in Manhattan. The 33-story building, at 12 East 37th St., will include a commercial component. The development site is between Madison and Fifth avenues,...
